# The Loans for Mortgage Interest Regulations 2017, Paragraph 5


The UC Regulations are amended as follows—
(a) omit regulation 25(2)(b);
(b) omit regulation 26(3)(b)(i);
(c) in regulation 26(3)(b)(ii), omit “only”;
(d) omit regulation 66(1)(h)(ii);
(e) in Schedule 1—
(i) in paragraph 3(f), for “within the meaning of paragraph 4” substitute “within the meaning of Schedule 1 of the Loans for Mortgage Regulations 2017”;
(ii) omit paragraphs 4 to 6;
(iii) in paragraph 7(3)(a), for “a loan that falls within paragraph 5” substitute “a qualifying loan within the meaning of regulation 2 of the Loans for Mortgage Interest Regulations 2017”;
(f) in Schedule 5—
(i) in paragraph 2, omit the definitions of “alternative finance arrangements”, “alternative finance payments”, “loan interest payments” and “standard rate”;
(ii) for paragraph 3(1), substitute—
“(1) “Relevant payments” means one or more payments which are service charge payments.”;
(iii) omit paragraph 3(2);
(iv) in paragraph 9, for “the aggregate of the amounts resulting from paragraphs 10, 11 and 13” substitute “the amount resulting from paragraph 13”; and
(v) omit paragraphs 10, 11 and 12.

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Source: https://www.legislation.gov.uk/uksi/2017/725/schedule/5/paragraph/5 (the official version)
Page: https://openlegislation.uk/loans-for-mortgage-interest-regulations-2017/schedule-5/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.